Current Events > You will never be rich.

(+) Yeah! (+)

https://youtu.be/QDF4Esnn2G8

Dats jus da truth, thanks vicious greed dat corrupts da heart of Man.

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Wait.... You're telling me I can refresh this page unlimited times? for free? Why do anything else?
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You are far more likely to become homeless than to ever become a billionaire.

HA, jokes on her Im only trying to become a millionaire, so my odds must be considerably better!!

I bought the dip between these two points, and my ~$3,700 investment is currently worth $6,023.

https://i.imgur.com/aLvaprA.png
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Already knew that. Never will be happy either.

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like this isnt obvious. most people that are rich and wealthy inherited everything they have from their parents.

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WtchsGetSttchs posted...

I bought the dip between these two points, and my ~$3,700 investment is currently worth $6,023.

https://i.imgur.com/aLvaprA.png

Which stock is that?

Cocytus posted...

Which stock is that?

It's crypto. The coin is called ECOMI (short name is OMI), which powers the VeVe app:

https://youtu.be/oIfCgSZSydY

https://youtu.be/XeuZIA_D3G8

https://youtu.be/rb18iJxkpk4

https://youtu.be/mtoJmzZ0Tvk

https://youtu.be/k9siKpsHXrg

https://youtu.be/kfQvzQGLq5o

https://youtu.be/jZBb9cnAbIM

https://youtu.be/gqgKtVyX244
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l0gic posted...

You are far more likely to become homeless than to ever become a billionaire.

HA, jokes on her Im only trying to become a millionaire, so my odds must be considerably better!!

Yeah, me too haha
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But I am rich though.

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I am up nearly 1000% on a hot meme stock and that was before Reddit caught onto it. We shall see.

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Rich in terms of what? Money? Thats fine. I rather be rich with wisdom, wealthy from the favor of God.

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It's true, but you don't have to say it.

I'm gonna get drunk now.

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False. My net worth exceeds $100K.

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Pepys Monster posted...

False. My net worth exceeds $100K.

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I love when CE tries to pretend it is rich

@Shablagoo Given the content of most of your posts, I'd assume personal economic gain was something were were strongly opposed to.

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Pepys Monster posted...

False. My net worth exceeds $100K.

That would make you rich 300 years ago

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There's a whole lot of middle ground between homeless and billionaire. You can live a very cozy life without being super rich.

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Good. As long as I have disposable income, I'm set

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But I already am though. In cellulose

Edit: wait that's plant shit. I'm rich in fat cells

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Yep

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I have to wonder why people care so much about being rich when you don't need much wealth to enjoy most of life's modern day luxerys.

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Buncha commie gobbledygook.

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The wealth gap is so massive in the US that people believe making 200k/year makes you rich.

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Perascamin posted...

The wealth gap is so massive in the US that people believe making 200k/year makes you rich.

if 200k a year isnt rich then the definition of rich must be subjective. With 200k per year you can stack $1,000,000 in 10 years comfortably. Youre more than well off at that point.


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IIRC you only need like a $95k net worth to be in the top 10% worldwide

Seems easy to me

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That kind of mindset will make it true. Its not because of "greedy corporations" though. Its because people want to be rich but aren't willing to put in any effort or take any risk. They would rather blame things they can't control like capitalism or greed than take personal responsibility for the things they can.


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Yea it sux being broke



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I will actually be a millionaire in another 11 years if I just coast with how things are going now.

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Shablagoo posted...

https://youtu.be/QDF4Esnn2G8

Dats jus da truth, thanks vicious greed dat corrupts da heart of Man.

are you really better?

you were normal and once you went through hard times you claimed to be homeless (lie, you lived with your parents) and suddenly
began hating on landlords and capitalism because you were not doing well, you were ok with all that when you thought you were doing well, even if the rest werent.

bottom line is all you care about is you, and now you shill CCP propaganda because they pay you for it.

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My goal was never to become rich tho

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I think anyone can get rich in the Ratatouille sense of "a business savvy person can come from anywhere"

But the stuff that lots of mainstream media, as well as motivational speakers will tell you, like "work hard, be honest, follow your 'dream'," is advice of no value. Wealth comes from capital. Even when you think of C-suite people with big reported salaries, their true wealth comes from owning shares of the company and raising the valuation of those shared.

99.999% of people won't work up from the mail room to ownership, if you've ever worked a small fry job for a large company you'll know that there's absolutely positive attention given by management to the entry level associates, you're just there to wring value out of. It's a dead end for wealth and most people don't have the human capital (connections, education, etc) to get a position better than that.

That all said wealth isn't everything and I think people sometimes underestimate the luxuries in the western world that are available even to low income folks. A lot of the tightest squeezes are on people in cities who can't land a higher paying job and the rent is totally out of wack, but lots of those issues are because of bullshit zoning laws as well as foreign investors storing capital in real estate; both of those need to change.

It is also bad that they pass so many anti worker unionization laws

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CE bounces between "no when we say rich we mean only billionaires!" to "rich is any household making >$400k/yr" so idk how to respond
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trillgully posted...

if 200k a year isnt rich then the definition of rich must be subjective. With 200k per year you can stack $1,000,000 in 10 years comfortably. Youre more than well off at that point.

Yeah you would have 1mil if you spent none of it.

In reality making 200k/year is great and more than most people will earn in 4 years for their entire lifetime. But even at 1 million you're still scraping the barrel of the truly rich in the US.

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I'm making almost $40,000 a year. I'm rich already!

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https://youtu.be/UAVImvzFhXI

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Perascamin posted...

Yeah you would have 1mil if you spent none of it.

In reality making 200k/year is great and more than most people will earn in 4 years for their entire lifetime. But even at 1 million you're still scraping the barrel of the truly rich in the US.

not true. Making 200k per year for a decade, you could spend 80k per year live comfortably and stack 100k per year.


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trillgully posted...

not true. Making 200k per year for a decade, you could spend 80k per year live comfortably and stack 100k per year.

Well, taxes
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g980 posted...

Well, taxes

thats why I said spend 80, the other 20K is taxes. Unless youre saying out of 200K per year more than 20K of it is going to taxes then sure. Depends where you live

edit: I highly underestimated how much taxes would come out of 200k. To stack one million in ten years you would have to live off 50-60k per year. Which is.doable but realistically it might take you closer to 15 to stack the million comfortably.

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WtchsGetSttchs posted...

I bought the dip between these two points, and my ~$3,700 investment is currently worth $6,023.

https://i.imgur.com/aLvaprA.png

Move over, Jeff Bezos, this guy made $2000

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indica posted...

@Shablagoo Given the content of most of your posts, I'd assume personal economic gain was something were were strongly opposed to.

why? My support for communist administrations past and present primarily stems from the massive improvements in material conditions they have accomplished.

DogOfPeace posted...

are you really better?

you were normal and once you went through hard times you claimed to be homeless (lie, you lived with your parents) and suddenly
began hating on landlords and capitalism because you were not doing well, you were ok with all that when you thought you were doing well, even if the rest werent.

bottom line is all you care about is you, and now you shill CCP propaganda because they pay you for it.

My homeless stint was in 2017, more than a year before I even created this account. If anything the strengthening of my communist ideals has corresponded with a rise in my material conditions.

Not that I should have bothered responding to this silly nonsense, but there you go.

Doe posted...

I think anyone can get rich in the Ratatouille sense of "a business savvy person can come from anywhere"

But the stuff that lots of mainstream media, as well as motivational speakers will tell you, like "work hard, be honest, follow your 'dream'," is advice of no value. Wealth comes from capital. Even when you think of C-suite people with big reported salaries, their true wealth comes from owning shares of the company and raising the valuation of those shared.

99.999% of people won't work up from the mail room to ownership, if you've ever worked a small fry job for a large company you'll know that there's absolutely positive attention given by management to the entry level associates, you're just there to wring value out of. It's a dead end for wealth and most people don't have the human capital (connections, education, etc) to get a position better than that.

That all said wealth isn't everything and I think people sometimes underestimate the luxuries in the western world that are available even to low income folks. A lot of the tightest squeezes are on people in cities who can't land a higher paying job and the rent is totally out of wack, but lots of those issues are because of bullshit zoning laws as well as foreign investors storing capital in real estate; both of those need to change.

It is also bad that they pass so many anti worker unionization laws

+1

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Hayame Zero posted...

Good. As long as I have disposable income, I'm set

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Everything I own is paid for so whatever. People choose to shackle themselves by living above their means.

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Yes I am aware I will never be rich

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wrong. I could be rich.

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Shablagoo posted...

why? My support for communist administrations past and present primarily stems from the massive improvements in material conditions they have accomplished.

So you're saying you support communism and personal economic gain? That's kind of a complete contradiction and nothing you just said changes that...>_>


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I'm land rich.

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indica posted...

So you're saying you support communism and personal economic gain? That's kind of a complete contradiction and nothing you just said changes that...>_>

now he has to type a comeback or no yuans for him today :(

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